816 Wager Street, Columbus, OH 43206

Property Description

Rare ''house hack'' or investment opportunity in the heart of Southern Orchards/German Village area. This well-maintained half-double features two units, each with 3 bedrooms and 1 bathroom, offering a perfect blend of stability and potential. Unit 818 is currently occupied by long-term, stable, and quiet tenants paying $1,550 per month, providing immediate cash flow to offset a mortgage. Unit 816 is vacant and move-in ready, making this an ideal setup for an owner-occupant looking for low-monthly-payment homeownership or an investor looking to capitalize on the high demand for short-term rentals (Airbnb) in the area. Interior highlights for each unit include a spacious kitchen with stainless steel appliances and a gas range and an open-concept living room that flows into the dining area. The layout features one large bedroom, one medium bedroom, and a third smaller bedroom perfectly suited for a home office. Additional functional space includes a walk-up attic for ample storage and a large, waterproofed basement equipped with a washer and dryer. Mechanicals include forced air AC, gas furnace, and gas water heater. The exterior offers excellent curb appeal with a newly replaced front retaining wall and a classic front porch. The rear of the property features a fenced yard with a modern horizontal design and barn door, a rear stoop, and a rare 4-car off-street parking area. Located in a high-growth pocket, this property is incredibly walkable. It is less than a 5-minute walk to Parsons North Brewing, Planks Pizza, and other attractions in the East Public development. Residents will also enjoy being steps away from the historic German Village district and within easy walking distance of Nationwide Children's Hospital. Whether you are looking for a savvy primary residence or a high-performing addition to your portfolio, this property is a must-see. Listing agent is the seller and a licensed real estate salesperson in the State of Ohio.